Saturday, 11 February 2017

Zero income tax will have to pay a penalty if the circumstances of going too late returns Budget- 2017-18

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Zero income tax will have to pay a penalty if the circumstances of going too late returns Budget- 2017-18

Finance Minister Arun Jaitley's budget provision for this matter.

Who do not have much income as the taxpayer may take lakh and Rs 1,000 fine on them. Upon entering aitiara runo December 10000 will be fine.
So whose works have filled the void, but they delay the returns will be penalized. The CBDT hasasked the tax authorities to accelerate the investigation TDS.

Finance Minister Arun Jaitley's budget provision for this matter.

Who do not have much income as the taxpayer may take lakh and Rs 1,000 fine on them. Upon entering aitiara runo December 10000 will be fine.

So whose works have filled the void, but they delay the returns will be penalized. The CBDT has asked the tax authorities to accelerate the investigation TDS.